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Financials

RM1125990
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Brick Street 200

200 MAIN ST, Panhandle, TX 79068 · TABC RM1125990

Mixed Beverage Panhandle Market Enriched 2026-08-25
$159,043 Annual gross (L12M) ▲ 3.3% latest MoM Click for monthly detail
$13,254 Avg monthly ▼ 16.2% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $43,899/yr est. net Click for cost model
$110k–$154k Est. acquisition range 0.83× annual gross (blended) Click for valuation methods
Liquor sales only — total revenue is higher
Every dollar on this page comes from Mixed Beverage Gross Receipts filings — the alcohol portion of total sales. For a Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $159,043 – $176,714/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Brick Street 200 is a mixed-beverage licensed establishment at 200 MAIN ST, Panhandle, Texas (TABC RM1125990). Over the most recent 12 months it reported $159,043 in gross alcohol sales, averaging $13,254/month with a best month of $16,924. Sales mix: ~41% liquor · 54% beer · 5% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $43,899 (~28% margin). Acquisition value is estimated at $110k–$154k across revenue-multiple, SDE-multiple, and cap-rate methods. All revenue figures are gross mixed-beverage receipts as filed with the Texas Comptroller; they exclude cash income such as cover charges, game machines, or merchandise.

Sales performance · last 12 months

Texas Comptroller mixed-beverage gross receipts actual

Annual gross
$159,043
Avg monthly
$13,254
Best month
$16,924
Oct 2025
Sales mix
41% Liq
54% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$1,392/mo
NNN CAM / insurance$209/mo
Total occupancy$1,696/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $159,043 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$159,043
COGS (24%)−$38,170
Labor (14%)−$22,266
Occupancy−$18,319
TX MB gross tax (6.7%)−$10,656
Utilities / ins / mktg (8%)−$12,723
Card surcharge net+$1,749
Net profit $58,658
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$159,043
COGS (27%)−$42,942
Labor (17%)−$27,037
Occupancy−$20,354
TX MB gross tax (6.7%)−$10,656
Utilities / ins / mktg (10%)−$15,904
Card surcharge net+$1,749
Net profit $43,899
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$159,043
COGS (30%)−$47,713
Labor (22%)−$34,989
Occupancy−$22,390
TX MB gross tax (6.7%)−$10,656
Utilities / ins / mktg (12%)−$19,085
Card surcharge net+$1,749
Net profit $25,959
Disclaimer: Revenue is mixed-beverage gross receipts from the Texas Comptroller — it does not include cash income like door charges, game machines, merchandise, or event rentals (which can add 10–25% for nightclubs). Cost ratios are industry benchmarks for Texas MB-permit bars. Rent is estimated from submarket comps; property tax is from county public records pro-rated by square footage. Actual profit depends on lease terms, staffing, owner salary, and one-time costs.

Owner income estimator

Split likely net profit across ownership estimated

TABC licensee Dkmcr LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $43,899/year. Actual owner income depends on salary draws, distributions, debt service, and tax structure. Consult an accountant for actual income projections.

Acquisition value estimate

Based on most-likely scenario (~$43,899 net) estimated

Revenue multiple
$80k–$127k
0.5–0.8× gross
SDE multiple
$110k–$154k
2.5–3.5× earnings
Cap rate
$133k–$176k
25–33%
Suggested range
$110k–$154k
blended estimate
The numbers above are liquor-only: bar-style multiples applied to mixed-beverage receipts. They're the right answer for a pure bar/lounge — but for a restaurant, this is just one slice of total enterprise value (the bar program). See the food-business estimate below.

Federal court history

Public records · last checked 2026-06-23

Lookup pending — check back tomorrow

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